LEASEDRetail
Diego Quijada & Pedro Quijada Of Omakai Lease 2,248 Square-Foot Space At 1200 Brickell Bay Drive
1200 Brickell Bay Drive
Building Size
2,248 SF
Asset Type
Retail
Closing
Jun 30, 2026
AI
The property asset involved in this transaction is a retail space located at 1200 Brickell Bay Drive, Miami, FL, consisting of 2,248 square feet. This ground-floor restaurant space is situated within The Club at Brickell Bay, a luxury condominium tower featuring 643 residential units, owned by Florida East Coast Realty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 2,248
- Address: 1200 Brickell Bay Drive
- Market: Miami, FL
- Landlord: Jerome Hollo, Wayne Hollo & Austin Hollo - Florida East Coast Realty
- Tenant: Diego Quijada & Pedro Quijada - Omakai
- Brokers: Ryan Brodsky & Jonathan Carter - Colliers
The deal highlights the representation by Colliers, with Ryan Brodsky and Jonathan Carter acting as brokers in the transaction. Omakai, represented by Diego Quijada and Pedro Quijada, is anticipated to open its restaurant in the first quarter of 2027, marking a new addition to the Brickell Bay area.
Players
Lynn Haven Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93